The Brightsource IPO: By the Numbers | Alternative Energy Stocks

The biggest cleantech news of last week hit the wires late afternoon on Friday: Solar thermal developer BrightSource Energy filed for a $250 million IPO . The company, founded in 2006, had long been rumored to IPO, and had just closed on an important round of funding for its inaugural solar project from Google. If investors respond well to BrightSource’s IPO, it could usher in an important milestone for solar thermal technology, which uses large mirrors to tap into the sun’s heat to generate electricity, in contrast to solar panels installed on rooftops. Here’s the nitty-gritty of BrightSource’s financials, PPAs, and partner deals, via BrightSource’s S-1 by the numbers: Current Power Purchase Agreements. BrightSource has 14 power purchase agreements (PPAs), with two utilities — PG&E and SCE — that equal 2.6 GW of total solar power. BrightSource says the pipeline is a “$4 b...